Japan Core Machine Orders Surge 14.2% In March

Core machine orders in Japan climbed a seasonally adjusted 14.2 percent on mo nth in March, the Cabinet Office said on Friday.

That shattered forecasts for an increase of 3.5 percent following the downwardly revised 4.2 percent increase in February (originally 7.5 percent).

On a yearly basis, core machine orders added 2.4 percent - also beating expectations for a decline of 4.9 percent following the 11.3 percent contraction in the previous month.

by RTTNews Staff Writer

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